AfDB: New policy will reduce delays in procurement process of AfDB-funded projects

24 July, 2017: Contractors will now be able to process tender applications faster and easily, thanks to a new policy that seeks to enhance efficiency and reduce delays in the procurement of goods and services for projects funded by the African Development Bank (AfDB), officials have said. The Procurement Policy for the Bank Group-Funded Operations seeks to enhance procurement systems of member countries and ensure that they achieve value-for-money “based on mutually-supporting…